Tag: Baltic Sea

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Baltic Sea ports achieve record number of cruise guests in 2019

Following the newly-published Cruise Baltic Market Review, in 2019 5,909,784 guests visited the ports in the Baltic Sea, presenting an increase of 9.1% from 2018 and 16.9% from 2017. A recent report revealed that the cruise industry supports over 12,500 jobs in the Baltic Sea region, which has been recently seeing a surge of cruise passengers, which is showing on the positive economic impact in the region. 

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Largest ports of Latvia to improve their competitiveness

According to a recent statement by the Freeport of Riga, 62.4 million marine shipments were handled by Latvian ports in 2019; the total volume of cargo decreased by 5.7% compared to 2018. Taking into consideration that the traditional regional cargo flows tend to change, and  that the volume of handled transit consignments has decreased in Latvia, this development can still to be considered fairly good. Namely, the largest ports of Latvia handled 41% of the total cargo volume in the Baltic States, amounting to 147 million tonnes.

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